PepsiCo stock jumps 3% into earnings week as Super Bowl ad push hits the tape
PepsiCo shares rose 3.3% to $153.63 Friday, bucking a broad market drop after Trump named Kevin Warsh as Fed chair and inflation data surprised. Trading volume topped 12.6 million shares, above average. CEO Ramon Laguarta was named to IBM’s board. PepsiCo will report Q4 and full-year earnings on Feb. 3.